Dreaming of an exciting new lifestyle, where you can live and work by the water? This incredibly successful management rights business ideally located in a beautiful NSW coastal town is only 2.5 hours from Sydney CBD, and 40 minutes from Newcastle.
The Boathouse Resort Tea Gardens represents an ideal opportunity for both first-time operators and experienced management rights owners. It offers 24 of the 33 units in the letting pool, with the potential to secure at least two more in 2025/2026 as apartment sales progress.
Genuine lifestyle flexibility, with exceptional income (Net Profit circa $317k), proven over 21 years of operation, a perfect scale for a husband and wife team supported by a loyal team of contractors.
The Boathouses’ 4-star accommodation is complemented by impeccably maintained grounds and resort-style guest facilities. Recently refreshed with major pool upgrades and a full exterior repaint, the property presents as new, offering an ideal turnkey opportunity.
Increased revenue generated during the peak season from December through April presents a significant incentive for early settlement by the incoming operator. Don’t miss this outstanding opportunity; our motivated vendor is committed to a sale as they move into retirement.
Interested? Why not give Jacqueline Featherby a call on 0424 497 056 or jacqueline@resortbrokers.com.au